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In a two-sector, general-equilibrium model with labor-market search frictions, we find that wage increases and sectoral unemployment decreases upon offshoring in the presence of perfect intersectoral labor mobility. If, as a result, labor moves to the sector with the lower (or equal) vacancy...
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productivity differences, the model features profit and wage differentials across industries. We use this setting to study the …
Persistent link: https://www.econbiz.de/10003935376
We study the incidence of offshoring, or trade in tasks, on firms’ productivity and on manufacturing employment in a … has a Hick’s neutral technological edge over the other, tasks in which the productivity edge more than offsets offshoring … costs get offshored, giving rise to global disintegration of the production process. Offshoring raises firms’ productivity …
Persistent link: https://www.econbiz.de/10003874805
productivity differences, the model features profit and wage differentials across industries. We use this setting to study the …
Persistent link: https://www.econbiz.de/10003923568
productivity differences, the model features profit and wage differentials across industries. We use this setting to study the …
Persistent link: https://www.econbiz.de/10013149008
foreign activities. Data for eleven sectors are used to explain the impact on total factor productivity of R&D by the sector … Dutch economy. The elasticity of total factor productivity with respect to R&D is approximately 35% for R&D by the sector …
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